On August 19, e.l.f. Beauty Inc. rose 5.16% in regular trading, trading at $98.12/share, with turnover of $12.912 million. The stock continued to benefit from its blockbuster Q1 earnings report released on August 5, combined with broad strength across the Personal Products sector.

The company reported Q1 adjusted EPS of $1.75, exceeding the consensus estimate of $0.72 by approximately 143%, representing a 96.63% year-over-year increase from $0.89. Revenue came in at $479.37 million, beating the $429.19 million estimate by roughly 11.7%. Management also raised full-year fiscal 2027 adjusted EPS guidance to $3.50-$3.55, well above the prior range of $3.27-$3.32 and the FactSet consensus of $3.31. Following the results, B. Riley raised its price target to $100 from $70 while maintaining a Buy rating.

Sector-wide momentum further supported the rally, with Estee Lauder surging 17.58%, Coty up 8.76%, Herbalife gaining 3.24%, Kenvue up 1.60%, and Unilever up 1.53%, reinforcing bullish sentiment across personal care names.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)